
Bangladesh Moves Ahead with $1bn Matarbari Shipbuilding Hub
Bangladesh has approved the $1 billion Matarbari Green Dockyard proposal in principle and sent it for technical and financial appraisal.

Bangladesh has approved the $1 billion Matarbari Green Dockyard proposal in principle and sent it for technical and financial appraisal.

A pirate action group remains aboard an unnamed chemical/oil tanker hijacked off Yemen. The vessel was reported near Bereeda as authorities monitored its movement towards Somali waters.

Germany commissioned 1,077MW of offshore wind capacity in H1 2026, taking its installed fleet to 10.8GW as industry groups called for changes to the auction framework.

Hanwha Ocean is extending digital production systems and welding robots from its Geoje smart yard to Hanwha Philly Shipyard alongside a $5 billion infrastructure programme.

Avenir LNG has launched Avenir Ambition at Nantong CIMC Sinopacific Offshore & Engineering in China. The vessel will join the fleet after final outfitting is completed.

TWD has completed seafastening grillage designs for transporting Fengmiao I offshore wind jackets from Korea to Taiwan in its first collaboration with SK Oceanplant.

Altera Infrastructure’s FPSO business has completed its acquisition by Carlyle and begun operating independently under the Altera brand, led by chief executive officer Chris Brett.

Vår Energi and BlueNord have agreed to a $1.3 billion merger combining offshore oil and gas assets in Norway and Denmark, with closing expected around the end of 2026.

The crew of MOL-managed LNG Saturn received an IMO Letter of Commendation after rescuing six people from KM Limadai 8 in the Strait of Malacca.
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